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It's a perverse incentive; rather than acting for shareholders or the community the scale of CEO reward encourages action to preserve the reward. The scale of C
by sgt101 6y ago
It's a perverse incentive; rather than acting for shareholders or the community the scale of CEO reward encourages action to preserve the reward. The scale of CEO pay demands that the only objective is to remain in post. I have actually witnessed this - executives sacrificing their friendship, relationships to children, business performance and health in order to cling on and get a £3m bonus.